ThinkstockThe housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a smaller part of those sales. Close to a…
thinkstockWe have tracked the key short interest changes as of February 28 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
ThinkstockThe financial sector took a beating during the mortgage and housing market meltdown that threw the nation into recession in 2008. After five years of bailouts and rebuilding, the banking sector has…
ThinkstockFor more than four years the wireless tower stocks were among the most impressive gainers, even as the markets sputtered back and forth. They became the darlings of the momentum traders and…
ThinkstockThe Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends and share…
ThinkstockDick Bove is now with Rafferty Capital, and he was on CNBC this morning with yet another very positive call in the banking sector. His view is ahead of the stress test…
Frank Golhen, via Wikimedia CommonsThe news of the Dow Jones Industrial Average hitting new highs this week is certainly good news. The problem is that the news comes with some serious caveats.…
ThinkstockWe are now within ten days of the release of the Federal Reserve’s new round of stress tests on how the nation’s largest banks will do if (or when) the economy goes…
ThinkstockThe conventional wisdom says that low interest rates encourage banks to lend more because more borrowers come knocking on the door. So why, when the Fed funds rate is as close to…
ThinkstockThe MLP research team at Credit Suisse Group (NYSE: CS) are still firm believers in their “catch-up” rally slogan. Master limited partnerships (MLPs) underperformed the S&P 500 in 2012 for the first…
ThinkstockIn the coming weeks, the financial sector may move from worrying about the spending sequestration to the coming stress tests of the 19 major banks in the United States. We recently covered…
thinkstockWe have tracked the key short interest changes as of February 15 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
ThinkstockIt is usually interesting when Wall St. brokerage firms and research firms issue analyst coverage on each other. Sometimes the coverage is positive and sometimes it is negative. Many investors likely have…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the mortgage market…
Frank Golhen, via Wikimedia CommonsThe research team at the Bank of America Corp. (NYSE: BAC) unit Merrill Lynch is resuming coverage of the public financial exchanges. IntercontinentalExchange Inc. (NYSE: ICE) was reinstated…
